Ground Round Grill & Bar

At a Glance

Products & Services: Casual dining restaurant

Number of Locations: 27

Total Investment: $1.1M - $2.2M

Founded: 1969

Began Franchising: 1969

Franchise Units

Year U.S. Canadian International Company Owned
2014 27 0 0 0
2013 27 0 0 0
2012 26 0 0 0
2011 24 0 0 0
2010 25 0 0 0
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Midwest, Northeast, Southeast.
Franchisor is seeking new units in Canada.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $1,140,000 - $2,205,000
Franchise Fee: $30,000 - $35,000
Ongoing Royalty Fee: 2.5%/3.5%
Term of Franchise Agreement: 5 years/10 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $500,000
Operations
20% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 50. Absentee ownership of franchise is NOT allowed. (90% of current franchisees are owner/operators).

How This Franchise Supports Franchisees

Training: At franchisee's location: 3 weeks at opening. Training for 3 managers : 8 weeks per manager.
Ongoing Support: Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Support: Ad slicks, Regional advertising,
Other marketing support: TV, radio

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